Statistics NZ

The slump in residential building may have hit the bottom but costs have hit a record high

The slump in residential building may have hit the bottom but costs have hit a record high

The number of building consents issued for residential building alterations has declined by 20% over the last three years

The number of building consents issued for residential building alterations has declined by 20% over the last three years

Annual inflation rises to 2.7% in June as local authority rates and payments, actual rentals for housing and electricity escalate

Annual inflation rises to 2.7% in June as local authority rates and payments, actual rentals for housing and electricity escalate

The June quarter Consumers Price Index inflation figures coming out on Monday shouldn't deter the Reserve Bank from making another OCR cut in August - unless there's a nasty surprise

The June quarter Consumers Price Index inflation figures coming out on Monday shouldn't deter the Reserve Bank from making another OCR cut in August - unless there's a nasty surprise

Statistics NZ's Selected Price Indexes show that food prices rose 1.2% in June and the annual increase was the highest since December 2023; rent prices, however, had their lowest annual increase since 2011; CPI to be announced on Monday

Statistics NZ's Selected Price Indexes show that food prices rose 1.2% in June and the annual increase was the highest since December 2023; rent prices, however, had their lowest annual increase since 2011; CPI to be announced on Monday

Electronic cards data for June shows that retail spending rose for the first time in four months in June, boosted by a lift in durables and apparel spending, but retailers are reporting that 60% of them did not meet sales targets in the June quarter

Electronic cards data for June shows that retail spending rose for the first time in four months in June, boosted by a lift in durables and apparel spending, but retailers are reporting that 60% of them did not meet sales targets in the June quarter

Population gain from migration down by 81.5% in year to May compared to previous 12 months

Population gain from migration down by 81.5% in year to May compared to previous 12 months

The value of construction work consented declined by just over $1 billion in year to May compared to previous 12 months

The value of construction work consented declined by just over $1 billion in year to May compared to previous 12 months

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

ANZ economists still believe greater stimulus will be needed for the economy from the Reserve Bank and say the Official Cash Rate will be lowered to 2.5%

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy grew for the second successive quarter following the sharp contraction seen during last year

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

The economy looked like it was picking up, now it looks like maybe it isn't, but inflation definitely is picking up. What do we do? And where is our timely economic data?

The deficit between what we earn overseas and what we spend remains at levels generally seen as too high but has reduced by more than economists were forecasting

The deficit between what we earn overseas and what we spend remains at levels generally seen as too high but has reduced by more than economists were forecasting

BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'

BNZ head of research Stephen Toplis says the current inflationary noise 'will intensify the RBNZ’s headache'

Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range

Statistics NZ's Selected Price Indexes show that food prices rose 4.4% in the past year, while rent prices had their lowest annual increase since 2015; CPI seen heading toward top of RBNZ's target range

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter

The economy's showing increasing signs of responding to the lower interest rates, with GDP expected to have grown again in the March quarter